Bob Hunter,a merchant,makes an offer to Linda,another merchant,to buy 1,000 of her widgets in a signed letter containing all necessary terms of the offer.The letter states that Hunter will keep the offer open for three weeks from the day the offeree receives it.One week later,Hunter writes Linda another letter attempting to revoke his offer.Linda writes Hunter a letter accepting Hunter's original offer before she receives his revocation.What is the result?

Question

Quizplus · Accepted Answer

Difficult problems of timing can result when an offeror is trying to revoke and an offeree is attempting to accept.The general rule is that a revocation is not effective until it is actually received by the offeree.So,if the offeree accepts before he or she has received a mailed revocation,a contract results.This rule recognizes the possibility that offerees who are unaware of a revocation may act in reliance on their belief that the offer is still open.

Bob Hunter,a Merchant,makes an Offer to Linda,another Merchant,to Buy 1,000